I currently have an 87' GT and I just sold my '93 2.3 daily driver. I am thinking of getting an '02-'04 GT. I really don't know much of anything about the 4.6 cars. I know mods are more expensive for the 4.6 vs. the 5.0, but i'm not planning to mod it any, i'm just looking for a good Daily Driver. Most of the cars I have looked at have around 30-40K on them, I know it isn't uncommon for a well maintained 5.0 to last 200K before the internals are worn out. What about the 4.6? Just as reliable?
Any common problems on them to watch out for?
Any common problems on them to watch out for?